Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-90 - CONSOLIDATED GROUPS  

Division 716 - Miscellaneous special rules  

Subdivision 716-A - Assessable income and deductions spread over several membership or non-membership periods  

Assessable income and deductions arising from share of net income of a partnership or trust, or from share of partnership loss

SECTION 716-100  

716-100   Spreading period  

The spreading period for the amount referred to in section 716-75 is made up of each period:

(a) that is all or part of the income year; and

(b) throughout which the entity is a partner in the partnership or a beneficiary of the trust, as appropriate.